If nominal GDP rises, we can say that
A) production has risen and prices remain constant.
B) prices have risen and production remains constant.
C) production has risen, or prices have risen, or both have risen.
D) production has fallen and prices have risen.
E) prices have fallen and production has remained constant.
Correct Answer:
Verified
Q174: If the GDP deflator is less than
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Q199: The measure of production that values output
Q200: If real GDP is larger than nominal
Q202: Nominal GDP is another term for
A)inflation-adjusted GDP.
B)real
Q203: Which of the following is a true
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